BALAJEEIndustrials

Shree Tirupati Balajee Agro Trading Company Limited

Packaging · ISIN INE0S2G01011 · BSE 544249 · NSE EQ · FV ₹10
Last price
₹25
+2.46%today
What this company does

Shree Tirupati Balajee Agro Trading Company Limited operates in Packaging, part of the Industrials sector. It booked ₹140 cr of revenue in its latest quarter (Q1 FY27) and kept 2.4% of sales as profit.

In the report:
35out of 100
Equitytale Health Score
Strained

Healthier than 35% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
34

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Balance sheet29

How much it owes, and whether earnings cover the interest

Cash quality19

Whether reported profit actually arrives as cash

Valuation22

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 11% vs last year
Promoters hold 65%
No promoter shares pledged
Watch-outs
! Thin 2.4% net margin
! Profit down 35% vs last year
! Low 4.4% return on equity
! Operating cash flow is negative

What if I invest in BALAJEE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹25 +2.46%
latest close · 2026-09-17
52-wk low ₹2442 sessions so far52-wk high ₹29
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio15.3Average
LowAverageHigh
P/B ratio0.67Below book
Below bookModerateHigh
EV / EBITDA9.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.4%Weak
WeakFairStrong ▸15%
Return on capital11.0%Fair
WeakFairStrong
Net margin2.4%Thin
ThinDecentStrong
EBITDA margin8.6%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.66Moderate
LowModerateHigh ▸1
Interest cover2.0×Risky
RiskyOkayStrong ▸5×
Current ratio2.00Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹204 cr
Book value
₹37
EPS
₹0.41
latest quarter
Net debt
₹229 cr
owes more than its cash
Enterprise value
₹433 cr
EBITDA
₹48 cr
annualised
EBIT
₹41 cr
annualised
Operating margin
7.3%
Return on assets
2.1%
Earnings yield
6.55%
P/S
0.37
Sales / share
₹68.4
Tax rate
25.7%
Face value
₹10
Shares
8.2 cr
Working capital
₹259 cr
Current assets
₹517 cr
Current liabilities
₹258 cr
Delivery %
72.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹13 vs market price ₹25 — price is 89% above it
Safety cushion-89.3%(target ≥ +20%)
Models span ₹8₹18, midpoint ₹13
Model ₹13
Price ₹25
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹140 cr
Other Income₹1 cr
Total Income₹141 cr
Cost of Materials₹92 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-9 cr
Employee Benefit Expense₹12 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹34 cr
Total Expenses₹136 cr
Profit before Tax₹5 cr
Tax Expense₹1 cr
Net Profit₹4 cr
Net margin on total income2.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹83 cr59.0%
Employee benefit expense₹12 cr8.4%
Finance costs₹5 cr3.7%
Depreciation & amortisation₹2 cr1.3%
Other expenses₹34 cr24.1%
Tax expense₹1 cr0.9%
Profit for the period₹4 cr2.7%
Total income ₹141 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue171 cr130 cr140 cr
Total income173 cr131 cr141 cr
Expenses172 cr126 cr136 cr
Profit before tax1 cr5 cr5 cr
Tax52.2 L1 cr1 cr
Net profit (owners' share)12.3 L4 cr3 cr
Net margin (owners' share, on revenue)0.1%2.8%2.4%
EPS (₹)0.020.450.41
YoY (latest quarter): total income +7.9% · net profit -34.8%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹627 cr
Shareholder equity
₹305 cr
parent shareholders
Total debt
₹230 cr
Cash
₹87 L
Cash flow · H1 FY26
Operating
₹-18 cr
Investing
₹13 cr
Financing
₹4 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limited₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
65.4%
FII / Foreign
0.0%
DII / Domestic
0.3%
Retail / others
34.2%
Smart-money activity
Bulk / block deals
BoughtANANT WEALTH CONSULTANTS PRIVATE LIMITED · NSE4.52 L @ ₹44.4428 Mar 25
SoldANANT WEALTH CONSULTANTS PRIVATE LIMITED · NSE44,595 @ ₹44.8728 Mar 25
SoldL7 HITECH PRIVATE LIMITED · NSE5.00 L @ ₹41.8927 Mar 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
To consider and adopt the audited financial statements (including the consolidated financial statements) of the company for the financial year ended march 31, 2025 and the reports of the Board of Directors ("the board") and auditors thereon: and in this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution
Backed by 100% of shareholders other than promotersneeded 50%
2.53 L votes for, 535 against
2
To appoint a Director in place of Mr. Binod Kumar Agarwal (DIN: 00322536) Managing Director, who is liable to retire by rotation and being eligible offers himself for re-appointment: and in this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution
Backed by 100% of shareholders other than promotersneeded 50%
2.53 L votes for, 625 against
3
To appoint Secretarial Auditor of the Company for a term of 5 (five) Consecutive years and to fix their remuneration: and in this regard to consider and, if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution
Backed by 100% of shareholders other than promotersneeded 50%
2.53 L votes for, 590 against
4
To alter the Main Object Clause of the Memorandum of Association of the Company: and in this regard to consider and, if thought fit, to pass, with or without modification(s), the following Resolution as a Special Resolution
Backed by 100% of shareholders other than promotersneeded 75%
2.53 L votes for, 590 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 28 named members
owning 65.4% between them · as of 2026-06-30
Binod Kumar Agarwal65.42%
Anant Agarwalno shares
AON Textiles Private Limitedno shares
Babita Agrawalno shares
Bijay Kumar Khairati Agarwalano shares
BKK Polyproducts Private Limitedno shares
Brijesh Kumar Bhutno shares
Chanchal Agarwalno shares
Business done with them
FY2025 · 8 of the group
The company paid ₹120 cr to companies in the promoter group last year — about 20.6% of its ₹579 cr revenue and received ₹151 cr back from them.
SHREE TIRUPATI BALAJEE FIBC LIMITED
Sold goods to them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹82 cr
company received
EVER BAGS PACKAGING PRIVATE LIMITED
Bought goods from them · Sale Purchase Job Work Paid Job Work Received Capital Goods Sold
₹50 cr
company paid
EVER BAGS PACKAGING PRIVATE LIMITED
Sold goods to them · Sale Purchase Job Work Paid Job Work Received Capital Goods Sold
₹33 cr
company received
SHREE TIRUPATI BALAJEE FIBC LIMITED
Transfers Under Finance Agreements To Entity · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹24 cr
company paid
AON TEXTILES PRIVATE LIMITED
Sold goods to them · Sale Purchase Job Work Recd. Job Work Paid
₹22 cr
company received
AON TEXTILES PRIVATE LIMITED
Bought goods from them · Sale Purchase Job Work Recd. Job Work Paid
₹21 cr
company paid
STABLE TEXTILE PRIVATE LIMITED
Bought goods from them · Sale Purchase Capital Goods Purchased Job Work Received Capital Goods Sold
₹11 cr
company paid
STABLE TEXTILE PRIVATE LIMITED
Sold goods to them · Sale Purchase Capital Goods Purchased Job Work Received Capital Goods Sold
₹6 cr
company received
JAGANNATH PLASTICS PRIVATE LIMITED
Transfers Under Finance Agreements To Entity · Sale Purchase Job Work Recd. Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹5 cr
company paid
JAGANNATH PLASTICS PRIVATE LIMITED
Paid them for services · Sale Purchase Job Work Recd. Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹5 cr
company paid
JAGANNATH PLASTICS PRIVATE LIMITED
Provided services to them · Sale Purchase Job Work Recd. Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹2 cr
company received
HONOURABLE PACKAGING PRIVATE LIMITED
Sold goods to them · Sale Purchase Job Work Received Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹2 cr
company received
HONOURABLE PACKAGING PRIVATE LIMITED
Transfers Under Finance Agreements To Entity · Sale Purchase Job Work Received Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹2 cr
company paid
Binod Kumar Agarwal
Other payments to them · Managerial Remuneration
also owns 65.42% of the company
₹1 cr
company paid
SHREE TIRUPATI BALAJEE FIBC LIMITED
Other income from them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹83.3 L
company received
JAGANNATH PLASTICS PRIVATE LIMITED
Sold goods to them · Sale Purchase Job Work Recd. Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹78 L
company received
SHREE TIRUPATI BALAJEE FIBC LIMITED
Provided services to them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹66.2 L
company received
EVER BAGS PACKAGING PRIVATE LIMITED
Provided services to them · Sale Purchase Job Work Paid Job Work Received Capital Goods Sold
₹54.4 L
company received
AON TEXTILES PRIVATE LIMITED
Paid them for services · Sale Purchase Job Work Recd. Job Work Paid
₹52.5 L
company paid
EVER BAGS PACKAGING PRIVATE LIMITED
Paid them for services · Sale Purchase Job Work Paid Job Work Received Capital Goods Sold
₹24.9 L
company paid
JAGANNATH PLASTICS PRIVATE LIMITED
Other income from them · Sale Purchase Job Work Recd. Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹17.3 L
company received
SHREE TIRUPATI BALAJEE FIBC LIMITED
Sold property or assets to them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹13.2 L
company received
FOAMNET PLASTICS PRIVATE LIMITED
Sold goods to them · Sale Purchase
₹11.9 L
company received
STABLE TEXTILE PRIVATE LIMITED
Provided services to them · Sale Purchase Capital Goods Purchased Job Work Received Capital Goods Sold
₹8.8 L
company received
SHREE TIRUPATI BALAJEE FIBC LIMITED
Bought goods from them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹7.8 L
company paid
HONOURABLE PACKAGING PRIVATE LIMITED
Other income from them · Sale Purchase Job Work Received Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹5.9 L
company received
FOAMNET PLASTICS PRIVATE LIMITED
Bought goods from them · Sale Purchase
₹3.9 L
company paid
STABLE TEXTILE PRIVATE LIMITED
Bought property or assets from them · Sale Purchase Capital Goods Purchased Job Work Received Capital Goods Sold
₹2.3 L
company paid
HONOURABLE PACKAGING PRIVATE LIMITED
Paid them for services · Sale Purchase Job Work Received Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹1 L
company paid
SHREE TIRUPATI BALAJEE FIBC LIMITED
Other payments to them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹0.22 L
company paid
JAGANNATH PLASTICS PRIVATE LIMITED
Bought goods from them · Sale Purchase Job Work Recd. Job Work Paid Loan to subsidiary company Interest Recd. From subsidiary Company
₹0.04 L
company paid
SHREE TIRUPATI BALAJEE FIBC LIMITED
Bought property or assets from them · Sale Purchase Job Work Recd. Capital Goods Sold Capital Goods Purchase Expenditure Loan to subsidiary company Interest Recd. From subsidiary Company
₹0.03 L
company paid

The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹122 cr raised in Sep 2024 by selling shares to the public

As of Sep 2025, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Repayment and/or prepayment, in part or full, of certain of our outstanding borrowings availed by our Company
100%
₹31 cr of ₹31 cr
Investment in our subsidiaries Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL) and Jagannath Plastics Private Limited (JPPL) for Repayment and/or prepayment, in part or full, of certain of outstanding borrowings availed
100%
₹21 cr of ₹21 cr
Funding the incremental working capital requirements of our Company
100%
₹14 cr of ₹14 cr
Investment in our subsidiaries HPPL, STBFL and JPPL for funding working capital requirements
100%
₹11 cr of ₹11 cr
General Corporate Purpose
100%
₹32 cr of ₹32 cr
Issue related expenses
100%
₹14 cr of ₹14 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.